NOT LISTED FOR SALE

3806 E Mercer Way Mercer Island, WA 98040

Fruitland-El Dorado Neighborhood

Estimated Value: $4,709,398 - $5,571,000

5 Beds
6 Baths
3,310 Sq Ft
$1,567/Sq Ft Est. Value

About This Home

This home is located at 3806 E Mercer Way, Mercer Island, WA 98040 and is currently estimated at $5,187,100, approximately $1,567 per square foot. 3806 E Mercer Way is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2025
Sold by
Zlateff Matthew and Zlateff Carmen
Bought by
Matthew And Carmen Zlateff Living Trust and Zlateff
Current Estimated Value
$5,187,100

Purchase Details

Closed on
Feb 24, 2020
Sold by
Gib Development Llc
Bought by
Zlateff Matthew and Zlateff Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,730,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2014
Sold by
On The Rock 98040 Llc
Bought by
Gib Development Llc

Purchase Details

Closed on
Mar 12, 2009
Sold by
The Lowman Family Trust
Bought by
On The Rock 98040 Llc

Purchase Details

Closed on
Sep 18, 2008
Sold by
Lowman Elsie I
Bought by
Coastal Land Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,106,000
Interest Rate
6.51%

Purchase Details

Closed on
Aug 21, 1990
Sold by
Lowman John P and Lowman Elsie I
Bought by
Lowman John P and Lowman Elsie I
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Matthew And Carmen Zlateff Living Trust $313 None Listed On Document
Zlateff Matthew $3,900,000 Stewart Title Company
Gib Development Llc -- None Available
On The Rock 98040 Llc $1,010,000 Ticor National
Coastal Land Development Llc $1,175,000 Ticor Title
Lowman John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zlateff Matthew $2,730,000
Previous Owner Coastal Land Development Llc $1,106,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $26,692 $4,076,000 $1,513,000 $2,563,000
2023 $26,857 $3,901,000 $1,428,000 $2,473,000
2022 $24,014 $4,363,000 $1,607,000 $2,756,000
2021 $24,069 $3,261,000 $1,323,000 $1,938,000
2020 $22,726 $3,007,000 $1,260,000 $1,747,000
2018 $20,840 $2,767,000 $1,118,000 $1,649,000
2017 $7,699 $2,402,000 $1,201,000 $1,201,000
2016 $7,163 $945,000 $925,000 $20,000
2015 $8,361 $856,000 $838,000 $18,000
2014 -- $811,000 $775,000 $36,000
2013 -- $993,000 $967,000 $26,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Fruitland-El Dorado

3806 E Mercer Way, Mercer Island, WA

This home is located at 3806 E Mercer Way, Mercer Island, WA 98040 and is currently estimated at $5,187,100, approximately $1,567 per square foot. 3806 E Mercer Way is a home located in King County with nearby schools including Northwood Elementary School, Islander Middle School, and Mercer Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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